Poltava Mining and Processing Works believes that Germany, Austria, South Korea and Japan are its priority sales markets. According to the company chairman Victor Lotous, it plans to sell 65% Fe content pellets there. Last year PGOK exported 11494 thousand tons of iron ore pellets. (Ukrainian metal)
Poltava Mining and Processing Works plans to invest some $50 million into development. In 2015 the company had to stop its investment program as to the capacity increase, with the cost of maintenance projects being $50 million. This year PGOK intends to keep its investments on the level of 2015. (Ukrainian metal)
In 2016 Poltava Mining and Processing Works intends to slightly increase pellets output from the last year level of 11.6 million tons. According to PGOK chairman Victor Lotous, in the first half of the year the company decreased overall pellets output, but increased pellets output of its own ore by 200 thousand tons YoY. He…
In January-May Poltava Mining and Processing Works exported 4.99 million tons of iron ore pellets. According to Ukrpromvneshexpertisa, pellets were exported to Europe and the Near East, as well as Japan, China and Korea. At the same time Central GOK exported 870 thousand tons of pellets. In January-May Poltava GOK produced 4.82 million tons of…
In January-April Poltava Mining and Processing Works, a part of Ferrexpo, produced 3.85 million tons of iron ore pellets. The company exported 3.99 million tons of pellets to Europe, Near East, Japan, China and Korea. In 2015 PGOK received 5.79 billion UAH of losses. (Ukrainian metal)
The supervisory board of Poltava Mining and Processing Works has reelected the management board.
In January-March Poltava Mining and Processing Works exported 3.17 million tons of iron ore pellets.
In 2016 Poltava Mining and Processing Works plans to increase pellets output by 0.75% YoY, or by 0.08 million tons, to 11.75 million tons, with 10.66 million tons being Fe 65% pellets.